Court halts KPC sale plan on legal breach, transparency concerns

kpc

Kenya Pipeline Company (KPC) petroleum storage facility in the Industrial area, Nairobi. 

Photo credit: File | Nation Media Group

The High Court has halted the government's plan to sell a portion of its stake in the Kenya Pipeline Company (KPC), pending the determination of an application filed by the Consumer Federation of Kenya (Cofek) which is opposed to the looming transaction.

The court issued the conservatory order following transparency queries raised by Cofek and allegations of statutory breach.

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